Can an indifference curve be concave to the origin? Why? – InterviewSolution

1.	Can an indifference curve be concave to the origin? Why?
Answer» An Indifference Curve cannot be concave to the origin. If an IC is concave, the Marginal Rate of Substitution will be increasing. This is unrealistic. The MRS must always diminish. Such a situation is achieved only when the IC is convex to the origin and not concave.

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